Pro
04080120160USD Million20222023202420252026
Epoxy
Others
Phenolic
Unsaturated Polyester
Chemicals & Materials
Global Thermoset Resin Market By Resin Type
| Label | Automotive | Building & Construction | Electrical & Electronics | Others |
|---|---|---|---|---|
| 2022 | 88.9338 USD Million | 109.9787 USD Million | 88.2426 USD Million | 74.5039 USD Million |
| 2023 | 96.3251 USD Million | 118.0077 USD Million | 95.8122 USD Million | 79.551 USD Million |
| 2024 | 103.5461 USD Million | 125.5889 USD Million | 103.2632 USD Million | 84.2108 USD Million |
| 2025 | 110.7115 USD Million | 132.8538 USD Million | 110.7115 USD Million | 88.5692 USD Million |
| 2026 | 117.4896 USD Million | 139.4 USD Million | 117.8264 USD Million | 92.356 USD Million |
| 2027 | 124.5486 USD Million | 146.0167 USD Million | 125.2786 USD Million | 96.093 USD Million |
| 2028 | 131.6612 USD Million | 152.4198 USD Million | 132.8435 USD Million | 99.5864 USD Million |
| 2029 | 138.9076 USD Million | 158.6897 USD Million | 140.6044 USD Million | 102.8843 USD Million |
| 2030 | 146.2302 USD Million | 164.7475 USD Million | 148.506 USD Million | 105.9303 USD Million |
| 2031 | 153.6 USD Million | 170.5502 USD Million | 156.5209 USD Million | 108.6929 USD Million |
| 2032 | 160.9843 USD Million | 176.0529 USD Million | 164.6176 USD Million | 111.1402 USD Million |
Data Source: Wantstats Repository
Growth Outlook
- The Use Industry portion of the Global Thermoset Resin Market By End market is on a steady long-term growth path. Segment value stands at roughly USD 467 Million in 2026 and is projected to reach USD 613 Million by 2032 — a gain of about 31% over the forecast period, translating to a CAGR in the mid-single digits.
- What the regional split looks like (2026): Building & Construction leads, holding roughly 30% of segment value — the single largest regional share. Electrical & Electronics is the second-largest contributor. Automotive and Others make up the remainder, in descending order.
- By 2032, Building & Construction alone is expected to reach USD 176 Million, with Electrical & Electronics at USD 165 Million.
Market Dynamics
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